Page 3 - Barrel Mark News Today

Tumble across the world markets on wednesday. ongoing volatility saw u.s. crude oil fall 6%. brent oil which is based out of the uk was down by nearly 5%. while gold lost only 1%, the big loser was not for the first time in recent days, silver. the metal fell nearly 8% to $35 an ounce. remember, it wasnt that long ago where it fell sharply from about $50 right back to $35 or so. lets see how each of these commodities is faring this day, starting with oil, nymex crude is trading up slightly, stil...

$108 a barrel mark earlier today. the highest in 2 1/2 years. gasoline prices average 3.66 a gallon. do you want some fries with that and a job? mcdonalds announced its holding a supersized hiring fair april 19th to fill option nationwide. that comes three to four new hires per restaurant. lets take a look at the numbers from wall street a little over. the dow up a bit 18.54. the s&p and nasdaq in positive territory as well. tributes are planned across the country today to commemorate the 43rd...

>> japans debt was running 200% of gdp. it had been recently downgraded by moodys and s&p. >> several japanese auto plants shut down indefinitely but they see little impact here, even more the american plant that gets 20% of the component from japan and most are areas untouched by the earthquake or tsunami. japan has been the second largest lender to the u.s. now it will be spending more money at home and presumably lending less. so credit markets could tighten and the u.s. may face higher inter...

>> japans debt was running 200% of gdp. it haden indefinitely but they see little impact here, even more the american plant that gets 20% of the component from japan and most are areas untouched by the earthquake or tsunami. japan has been the second largest lender to the u.s. now it will be spending more money at home and presumably lending less. so credit markets could tighten and the u.s. may face higher interest rates on the insatiable appetite for borrowed money. bret? >> bret: jim, thank y...

Pawlen pawlenty, seeing mike huck key a -- huckabee and mitt romney. >> a low boil. from wall street to main street, it has to be skyrocketing cost of oil and gas. the price at the pump stands at an average $3.51 a gallon this morning. that is a 34 cent spike and it has two weeks at that rate. gas would hit $5 a gallon before memorial day. cnbcs courtney reagan joins us now. courtney, what are the oil markets doing this morning. >> so far we are trading higher. looks like were above $106 a bar...

Oil prices soared to prices we havent seen in 2 1/2 years. gas prices continue to follow. oil is hovering around the $100 a barrel mark. the spike comes as violence in libya spreads concerns about further disruptions in the region. there have actually been very few disruptions to oil at all. at what point does the unrest in the middle east and north africa send oil and gas prices to highs that could actually start to threaten this very fragile recovery that weve got going on around the world? >>...

Might have done more harm to the environment than b.p. ever let on. >> bret: hard to believe there is no coverage of all of this now. oil is back up over the $100 a barrel mark. april futures rose $2.60 to settle at $02 -- $$102.23. stocks rebounded today -- fox news has suspended contributors newt gingrich and rick santorum until the two men decide whether they will run for president next year. it was earlier believed the gingrich would announce the formation of exploratory committee in atlan...

Might have done more harm to the environment than b.p. ever let on. >> bret: hard to believe there is no coverage of all of this now. oil is back up over the $100 a barrel mark. april futures rose $2.60 to settle at $02 -- $$102.23. stocks rebounded today -- fox news has suspended contributors newt gingrich and rick santorum until the two men decide whether they will run for president next year. it was earlier believed the gingrich would announce the formation of exploratory committee in atlan...

Time unless they can agree on another deal. >> mike viqueira, thank you. >> okay. more now on the middle east unrest and how its going to hit your pocketbook. now, the price of oil passed the $100 mark this week. the $100 barrel mark and the u.s. gas price res now $3.33 a gallon and theyre climbing. the higher prices at the pump could affect the u.s. economy on the whole and customers are saying theyre feeling the pressure. >> i was running a little low. >> this is not the place to get gas. >>...

Gadhafi strongholds as they move closer to mounting a challenge for the countrys capital tripoli. protesters are planning a mass demonstration there after friday prayers in the next couple of hours. well, the libyan leader is also facing more international pressure. world leaders have condemned his violent response to peaceful protests. and new switzerland has frozen his assets along with those of his clan. meanwhile, dozens of foreign governments are scrambling to get their citizens out as quic...